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Data monetization Market growing at a CAGR of 54.0% between 2017 and 2023

07-25-2018 07:44 PM CET | IT, New Media & Software

Press release from: Acquire Market Research

Data monetization

Data monetization

Data monetization, a form of monetization, is the act of generating measurable economic benefits from available data sources. Typically these benefits accrue as revenue or expense savings, but may also include market share or corporate market value gains. Data monetization leverages data generated through business operations, available exogenous data or content, as well as data associated with individual actors such as that collected via electronic devices and sensors participating in the internet of things. For example, the ubiquity of the internet of things is generating location data and other data from sensors and mobile devices at an ever increasing rate. The data in this report is based on data analytics software fees and service fees for Data Monetization.

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Scope of the Report:

This report studies the Data Monetization market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Data Monetization market by product type and applications/end industries.

Data Monetization is primarily split into: On-Premises and Cloud. And On-Premises are the most widely used type which takes up about 67.77% of the global market in 2016.

United States is the largest sales region of Data Monetization in the world in the past few years. United States market took up about 41.26% the global market in 2016, while EU was 26.95%.

Through the data generated by cloud, big data and mobile tools, enterprises can effectively see changes in the market, demographic changes, market behaviors and patterns. And accordingly change the enterprise's asset portfolio, adjust the marketing strategy.

Accenture, IBM, SAS, Infosys, Viavi Solutions and Adastra are the key suppliers in the global Data Monetization market. Top 3 took up about 44% of the global market in 2016.

The global Data Monetization market is valued at 330 million USD in 2017 and is expected to reach 4350 million USD by the end of 2023, growing at a CAGR of 54.0% between 2017 and 2023.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Data Monetization.

Global Data Monetization market competition by top manufacturers/players, with Data Monetization sales volume, Price (USD/MT), revenue (Million USD) and market share for each manufacturer/player; the top players including: Accenture, Viavi Solutions, Infosys, SAP, Adastra, Mahindra Comviva, Alepo, EMC, ALC, Redknee, SAS, Monetize Solutions, Reltio, IBM, Teradata, CellOS Software, Altruist India/Connectiva, Samsung ARTIK, 1010DATA, Dawex Systems

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The report is generically segmented into six parts and every part aims on the overview of the Data Monetization industry, present condition of the market, feasibleness of the investment along with several strategies and policies. Apart from the definition and classification, the report also discusses the analysis of import and export and describes a comparison of the market that is focused on the trends and development. Along with entire framework in addition to in-depth details, one can prepare and stay ahead of the competitors across the targeted locations. The fact that this market report renders details about the major market players along with their product development and current trends proves to be very beneficial for fresh entrants to comprehend and recognize the industry in an improved manner. The report also enlightens the productions, sales, supply, market condition, demand, growth, and forecast of the Data Monetization industry in the global markets.

Every region’s market has been studied thoroughly in this report which deals with the precise information pertaining to the Marketing Channels and novel project investments so that the new entrants as well as the established market players conduct intricate research of trends and analysis in these regional markets. Acknowledging the status of the environment and products’ up gradation, the market report foretells each and every detail.So as to fabricate this report, complete key details, strategies and variables are examined so that entire useful information is amalgamated together for the understanding and studying the key facts pertaining the global Data Monetization Industry. The production value and market share in conjunction with the SWOT analysis everything is integrated in this report.

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